I am a Real Estate Agent that specializes in loss mitigation (short sales) in Florida.I think the response that you are witnessing from agents is a blend of frustration and lack of education/skills to deal with what you are asking them to do.In my opinion (and obviously it's biased!)

But hey, my low-income properties on the 'other' side of town that house blended families will always be safe because of the race card.Unfortunately, I don't see matters much improving as we transition into our wonderful socialist future led by kind and caring bureaucrats......

I suggest that the cap rate that you use be at least 2 points higher than your expected interest rate (blended or otherwise) because this provides a cushion considering financing and other factors.

If your creative you can put it together.5) blend... how about a owner financed deal, where your private lending partner puts in the down payment.

This blend is so superior in my mind to any other paint available to the little guy, that I refuse to use anything else.

But usually again the interest rates are not as good as the 80/20 blends.

I recommend that you take an assessment of your likes and dis-likes then blend them into real estate.

The key is to give them the correct blend of hype and fact.

Here is what I am doing now.I poll from three locations electronically and take the blended #I use my local realtor to pull comps within 300 Sq Feet of the property I am looking atI look at the assessed value.Then I take those three numbers and blend them for an average.If the number is still under 70%, I will look into it further.Does anyone have a better formula?

.- You will most likely have to pay MI (or a higher payment if the lender pays it for you)- Your blended rate will be higher then your previous interest rate (if you have to go with a combo loan).Regards,Scott Miller